Europe
Nextchem awarded new project in the UAE for the transformation of solid waste into SAF
Maire announces that Nextchem, through its subsidiary MyRechemical, has been awarded a feasibility study for the integration of its proprietary Waste-to-Syngas technology in a large-scale conversion plant that would transform solid municipal waste into SAF.
Coolbrook cracks naphtha, advancing zero-carbon steam cracking at its pilot plant
Coolbrook has successfully demonstrated electric steam cracking of naphtha in its large-scale pilot plant in Brightlands Chemelot Campus, the Netherlands
Venezuela's PDVSA, Spain's Repsol agree to revive oil joint venture
Venezuelan state oil company PDVSA and joint venture partner Repsol signed an agreement amending the original terms of a project in the country, aiming to revive its crude and gas output.
Elon Musk says oil and gas should not be demonized
Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.
Russia does not yet see grounds for lifting ban on winter diesel export
Russian Energy Minister Nikolai Shulginov said that the government does not yet see grounds for lifting the ban on the export of winter diesel.
Ulstein Verft AS orders methanol-ready MAN 175D engines
Ulstein Verft AS, the Norwegian yard, has ordered 2 × 3 × MAN 12V175D-MEV methanol-ready engines in connection with the building of two Commissioning Service Operation Vessels for Bernhard Schulte Offshore, the offshore unit of international shipping corporation, Schulte Group.
Agreement to develop methanol solution for MAN four-stroke portfolio
MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology.
LOT Polish Airlines and SkyNRG partner for SAF offtake
LOT Polish Airlines and SkyNRG have joined forces to advance the aviation industry's sustainability efforts.
Fortescue gets €200 MM for Norway green ammonia plant
Australia's Fortescue said it received €200 MM from the European Union for its Holmaneset Project, a flagship green ammonia plant in Norway.
Shell to sell Schwedt refinery stake to UK's Prax Group
Shell said it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin's fuel, to Britain's Prax Group, attempting to draw a line under its co-ownership of an asset majority-owned by Russia's Rosneft.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
